Gaylen C. Larsen has been appointed president and chief executive officer of Utah Bank & Trust, according to Frank B. Newman, chairman of the board.

Larsen has been executive vice president and chief operating officer of Valley Bank & Trust, a company with which he was employed for 27 years. Prior to that he worked for First Security Bank for four years and was with the Bank of California before that.A second-generation banker, Larsen served as an executive member of a number of Valley Bank's boards and committee. He is a certified commercial lender.

He has been president of Robert Morris Associates, on the board of directors of the Utah Banker's Association, president of the Salt Lake Clearing House Association and Financial Foundation and a member of the Salt Lake Area Chamber of Commerce.

Larsen is a Brigham Young University graduate in accounting and also graduated from the Pacific Coast School of Banking.